Today, 31st March 2020
The Coronavirus Job Retention and Self-Employed Income Support schemes have both now been announced, with guidance documents made available from HMRC. Both aim to provide a grant worth 80% of your income up to £2,500 per month, in principal, but details and eligibility are complex for the non-traditional employed – particularly if you are a limited company owner-director. Luckily, an official answer on that specific scenario has been provided by Her Majesty’s Treasury, albeit buried in a webinar.
Here, I outline how each scheme can help, and how and when you can apply for support.
Check out the video right here, or play the audio just below:
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References and where to find up to date advice
We are maintaining an always-up-to-date guide to help amid COVID-19 here, complete with all the references alluded to in this podcast.
More To Follow…
We expect to provide frequent updates on the support available, as guidance is amended and more information becomes clear. Subscribe for notifications, below, and you we’ll send all this to you by email, as it happens.
And, as I have said during previous podcasts, clients are more than welcome to get in touch for one-to-one advice on what we know to be available, and for everyone we hope this is a generally helpful summary of these two schemes in particular, and which applies to you.
More to come soon!
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